Generally trustworthy, but minor verification is advised.
OMERS INFRASTRUCTURE ASIA HOLDINGS PTE. LTD.
UEN:201842587H
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OMERS INFRASTRUCTURE ASIA HOLDINGS PTE. LTD. has a TrustScore of 80. Businesses in this range are generally considered reliable. However, it's still advisable to conduct reasonable checks before engaging in transactions.
Our preliminary analysis has revealed key insights about OMERS INFRASTRUCTURE ASIA HOLDINGS PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for several years
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The proposed transaction relates to the acquisition of a minority shareholding of approximately 19.36% in Azure Power Global Limited (Target) by OMERS Infrastructure Asia Holdings Pte. Ltd. (Acquirer), from its existing shareholders The Acquirer is an investment entity of OMERS Administration Corporation (OAC). OAC is the administrator of Ontario Municipal Employees Retirement System (OMERS) primary pension plan and trustee of the pension funds thereunder. OMERS is one of Canada’s largest defined benefit pension plans. It is a jointly-sponsored pension plan, with 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children’s aid societies across Ontario, Canada.
The Competition Commission of India (CCI) on Friday approved acquisition of certain shareholding in Azure Power Global Ltd from its existing shareholders by OMERS Infrastructure Asia Holdings Pte Ltd, under the green channel route. Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned. "The proposed transaction relates to the acquisition of a minority shareholding of approximately 19.36 per cent in Azure Power Global Limited (Target) by OMERS Infrastructure Asia Holdings Pte. Ltd. (Acquirer), from its existing shareholders," according to a statement.
The Competition Commission of India (CCI) on Friday approved acquisition of certain shareholding in Azure Power Global Ltd from its existing shareholders by OMERS Infrastructure Asia Holdings Pte Ltd, under the green channel route. Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned. "The proposed transaction relates to the acquisition of a minority shareholding of approximately 19.36 per cent in Azure Power Global Limited (Target) by OMERS Infrastructure Asia Holdings Pte. Ltd. (Acquirer), from its existing shareholders," according to a statement.
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